tag:blogger.com,1999:blog-17198478223808981842020-05-21T07:39:34.240-07:00Telling Tech TalesDavid Pringlehttp://www.blogger.com/profile/07657941720832548814noreply@blogger.comBlogger1318125tag:blogger.com,1999:blog-1719847822380898184.post-52947509518374904022020-05-21T07:39:00.002-07:002020-05-21T07:39:34.150-07:00Bharti Airtel Reports Remarkable Growth<div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-AgSW2ZtzHY8/XsaR_Zrm5_I/AAAAAAAB4_M/rrkg1i7U6sMUWbs45OcTNopPttRl-y90ACNcBGAsYHQ/s1600/Bharti%2BIndia%2BARPU.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="536" data-original-width="855" height="533" src="https://1.bp.blogspot.com/-AgSW2ZtzHY8/XsaR_Zrm5_I/AAAAAAAB4_M/rrkg1i7U6sMUWbs45OcTNopPttRl-y90ACNcBGAsYHQ/s1600/Bharti%2BIndia%2BARPU.png" width="800" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div style="text-align: left;">Bharti Airtel reported a 18% year-on-year increase in revenues on an underlying basis for the quarter ending March 31. For the year to March 31, revenues were up almost 11% to 875 billion Indian rupees (11.56 billion US dollars). In India, mobile revenues rose 22% in the quarter led by an increase in the operator's 4G customer base coupled with improved tariffs. Airtel said that mobile ARPU for the quarter was 154 rupees (2.04 dollars) up from 123 rupees a year earlier, underlining that the disruptive price wars in India's telecoms sector are now over. <b>Source: <span style="color: blue;"><a href="https://www.airtel.in/about-bharti/equity/results">Airtel statements.</a>&nbsp;</span></b></div><br /><br /><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-mC7QkvdA6DI/XsaR_QX_GVI/AAAAAAAB4_I/TgMgHqxR1uYBJQWnH2KgrNizi-sC3jVowCPcBGAYYCw/s1600/Bharti%2BAfrica%2BARPU.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="536" data-original-width="855" height="533" src="https://1.bp.blogspot.com/-mC7QkvdA6DI/XsaR_QX_GVI/AAAAAAAB4_I/TgMgHqxR1uYBJQWnH2KgrNizi-sC3jVowCPcBGAYYCw/s1600/Bharti%2BAfrica%2BARPU.png" width="800" /></a></div><br />David Pringlehttp://www.blogger.com/profile/07657941720832548814noreply@blogger.com0tag:blogger.com,1999:blog-1719847822380898184.post-45926796243790334222020-05-21T02:22:00.002-07:002020-05-21T03:22:14.116-07:00Cash Cushion for U.S. Telcos<div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-srGjVwPsSH4/XsZHLS5LXYI/AAAAAAAB4-o/RM367VN8dgIK22K1gYdHJyTqIibDTnXdQCNcBGAsYHQ/s1600/Screenshot%2B2020-05-21%2Bat%2B10.15.13.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1220" data-original-width="1600" height="635" src="https://1.bp.blogspot.com/-srGjVwPsSH4/XsZHLS5LXYI/AAAAAAAB4-o/RM367VN8dgIK22K1gYdHJyTqIibDTnXdQCNcBGAsYHQ/s1600/Screenshot%2B2020-05-21%2Bat%2B10.15.13.jpg" width="800" /></a></div><br />For the big four telcos in the U.S., net cash from operating activities has been on an upward march, thanks in part to tax reforms.&nbsp; The operations of America’s top four telcos generated 101 billion dollars in 2019, up from 73 billion dollars in 2017 (after tax and interest payments). Although the COVID-19 crisis is hitting some revenue streams, such as roaming, these figures suggest the U.S. telecoms industry will weather the storm quite well.<br /><br />Over the past four years, AT&amp;T’s operations have generated by far the most cash of the four big telcos, consistently over 35 billion dollars each year, while Verizon has bounced back strongly on this metric after a weak 2016 and 2017.<br /><br />Historically, T-Mobile US, which has just merged with Sprint, has struggled to generate large amounts of cash, primarily because it has used low prices to win market share gains. Still,&nbsp; T-Mobile US generated almost 7 billion dollars from its operations in 2019, up from less than 4 billion dollars in 2018. In the first quarter of 2020, this metric was up 16% year-on-year to 1.6 billion dollars.<br /><br />Pringle Media has just published a 50 page report tracking and comparing the key financial metrics of the four big U.S. telcos over the past five years: Screen shots of eight sample pages below.<br /><br />If you would like to purchase a PDF copy of the report, priced at $100 for a company-wide license, please send an email to<b>&nbsp;pringled@btinternet.com</b><br /><a name='more'></a><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-ZspWUzQ6YlU/XsPubwQHUXI/AAAAAAAB42A/DYOdmvEl93Mbdig_oJbGvHFfkjyp5d99gCNcBGAsYHQ/s1600/Screenshot%2B2020-05-19%2Bat%2B15.32.17.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="1129" data-original-width="1600" height="600" src="https://1.bp.blogspot.com/-ZspWUzQ6YlU/XsPubwQHUXI/AAAAAAAB42A/DYOdmvEl93Mbdig_oJbGvHFfkjyp5d99gCNcBGAsYHQ/s1600/Screenshot%2B2020-05-19%2Bat%2B15.32.17.jpg" width="800" /></a><a href="https://1.bp.blogspot.com/-s_v-2QggHtQ/XsPueqMlr4I/AAAAAAAB42E/vkhDID3pQyMODiGywKO-R54WVVP68ZRogCNcBGAsYHQ/s1600/Screenshot%2B2020-05-19%2Bat%2B15.32.09.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="1137" data-original-width="1600" height="604" src="https://1.bp.blogspot.com/-s_v-2QggHtQ/XsPueqMlr4I/AAAAAAAB42E/vkhDID3pQyMODiGywKO-R54WVVP68ZRogCNcBGAsYHQ/s1600/Screenshot%2B2020-05-19%2Bat%2B15.32.09.jpg" width="800" /></a></div><br /><br /><div><br /></div>David Pringlehttp://www.blogger.com/profile/07657941720832548814noreply@blogger.com0tag:blogger.com,1999:blog-1719847822380898184.post-79138494983781603312020-05-19T07:36:00.001-07:002020-05-19T07:42:07.874-07:00U.S. Telcos Keep Capex in Check<div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-tBYpFJCEMUc/XsPrx7VdCpI/AAAAAAAB410/FWZCJrrG6tkxwjrqVy5OzxEJ7YvUVhyYwCNcBGAsYHQ/s1600/Screenshot%2B2020-05-19%2Bat%2B15.17.14.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1112" data-original-width="1600" height="592" src="https://1.bp.blogspot.com/-tBYpFJCEMUc/XsPrx7VdCpI/AAAAAAAB410/FWZCJrrG6tkxwjrqVy5OzxEJ7YvUVhyYwCNcBGAsYHQ/s1600/Screenshot%2B2020-05-19%2Bat%2B15.17.14.jpg" width="800" /></a></div><br />America’s top four telcos are collectively investing significantly more in property, plant and equipment ($48 billion in 2019) than they were in 2010 ($42 billion). But the aggregate capital intensity (excluding spectrum licenses) of the big four is now hovering around 12.5% - much lower than in Europe where the big telcos invest about 17% of revenues.<br /><br />Since 2017, the collective capital intensity of the U.S. telcos has been slipping, as AT&amp;T has bet big on the entertainment sector. Verizon is now putting pressure on AT&amp;T by upping its capital spending as it vies for supremacy in 5G.<br /><br />During the past five years, Sprint (now part of T-Mobile US) has been the clear laggard, investing just $20 billion in capex. Even together, T-Mobile US and Sprint are investing just two-thirds of Verizon's capex budget.<br /><br />Pringle Media has just published a 50 page report tracking and comparing the key financial metrics of the four big U.S. telcos over the past five years: Screen shots of eight sample pages below.<br /><br />If you would like to purchase a PDF copy of the report, priced at $100 for a company-wide license, please send an email to<b>&nbsp;pringled@btinternet.com</b><br /><a name='more'></a><br /><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-ZspWUzQ6YlU/XsPubwQHUXI/AAAAAAAB42A/DYOdmvEl93Mbdig_oJbGvHFfkjyp5d99gCNcBGAsYHQ/s1600/Screenshot%2B2020-05-19%2Bat%2B15.32.17.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="1129" data-original-width="1600" height="600" src="https://1.bp.blogspot.com/-ZspWUzQ6YlU/XsPubwQHUXI/AAAAAAAB42A/DYOdmvEl93Mbdig_oJbGvHFfkjyp5d99gCNcBGAsYHQ/s1600/Screenshot%2B2020-05-19%2Bat%2B15.32.17.jpg" width="800" /></a><a href="https://1.bp.blogspot.com/-s_v-2QggHtQ/XsPueqMlr4I/AAAAAAAB42E/vkhDID3pQyMODiGywKO-R54WVVP68ZRogCNcBGAsYHQ/s1600/Screenshot%2B2020-05-19%2Bat%2B15.32.09.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="1137" data-original-width="1600" height="604" src="https://1.bp.blogspot.com/-s_v-2QggHtQ/XsPueqMlr4I/AAAAAAAB42E/vkhDID3pQyMODiGywKO-R54WVVP68ZRogCNcBGAsYHQ/s1600/Screenshot%2B2020-05-19%2Bat%2B15.32.09.jpg" width="800" /></a></div><br /><br />David Pringlehttp://www.blogger.com/profile/07657941720832548814noreply@blogger.com0tag:blogger.com,1999:blog-1719847822380898184.post-69657653133869144912020-05-14T07:53:00.000-07:002020-05-14T07:58:31.364-07:00Germany Steps Up as U.S. Slows Down<div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-kumrPkVBZkg/Xr1a6Pl4WjI/AAAAAAAB4qc/qjQ6B_b_20Iy6NRaG-tKb5sOZpRlzGEjgCPcBGAsYHg/s1600/Screenshot%2B2020-05-14%2Bat%2B15.34.45.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="634" data-original-width="1600" height="335" src="https://1.bp.blogspot.com/-kumrPkVBZkg/Xr1a6Pl4WjI/AAAAAAAB4qc/qjQ6B_b_20Iy6NRaG-tKb5sOZpRlzGEjgCPcBGAsYHg/s1600/Screenshot%2B2020-05-14%2Bat%2B15.34.45.png" width="800" /></a></div>Deutsche Telekom reported a 1.1% year-on-year rise in revenue to 19.9 billion euros for the first quarter, excluding the impact of changes in exchange rates. In the U.S., growth slowed to just 0.7% as T-Mobile US saw "declines in terminal equipment revenue as a result of the impact of the coronavirus pandemic." T-Mobile US has just completed a merger with rival Sprint.<br /><br />In Germany, DT's revenue rose 0.9%, while in the rest of Europe growth was 0.4%. With 83,000 new broadband customers, DT said the first quarter marked its best result in two years in Germany.&nbsp; It also attracted 60,000 new users to its MagentaTV service.<br /><br />Still, DT expects the pandemic to have "limited impact on revenue, due to, for example, the closure of shops, lower roaming revenues, and companies postponing or canceling IT projects. On the other hand, voice telephony&nbsp; revenue is increasing, for instance, and the mobile churn rate is falling." The Group confirmed its guidance for the current financial year.<br /><br />In the first three months of 2020, DT added 208 new LTE cell sites to its network in Germany, while 534 cell sites have been upgraded with additional LTE antennas. It is aiming to bring 5G to at least 20 of the largest German cities by the end of 2020. DT also said that more than 200 million people in over 5,000 towns, cities, and municipalities across the United States are now reached by T‑Mobile's&nbsp; 5G network. <b>Source: <a href="https://www.telekom.com/en/investor-relations/publications/financial-results"><span style="color: blue;">DT statements</span></a></b><br /><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-UFv2A2raAbM/Xr1a-J1ZVgI/AAAAAAAB4qg/2NElxjJQb1AikRmDyZhlc6Ye9rJeRS1bQCPcBGAsYHg/s1600/Screenshot%2B2020-05-14%2Bat%2B15.34.32.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="507" data-original-width="1600" height="270" src="https://1.bp.blogspot.com/-UFv2A2raAbM/Xr1a-J1ZVgI/AAAAAAAB4qg/2NElxjJQb1AikRmDyZhlc6Ye9rJeRS1bQCPcBGAsYHg/s1600/Screenshot%2B2020-05-14%2Bat%2B15.34.32.png" width="800" /></a></div><br /><br />David Pringlehttp://www.blogger.com/profile/07657941720832548814noreply@blogger.com0tag:blogger.com,1999:blog-1719847822380898184.post-90403967357095954952020-05-12T04:18:00.003-07:002020-05-12T10:11:47.269-07:00Vodafone's Performance Picks Up<div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-oFffv9hc3Tg/XrqFfG3ppFI/AAAAAAAB4g4/jKS6PAga6dMGWUJepGneBg3iz9PX4gPAQCPcBGAsYHg/s1600/Screenshot%2B2020-05-12%2Bat%2B12.06.08.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="926" data-original-width="1600" height="495" src="https://1.bp.blogspot.com/-oFffv9hc3Tg/XrqFfG3ppFI/AAAAAAAB4g4/jKS6PAga6dMGWUJepGneBg3iz9PX4gPAQCPcBGAsYHg/s1600/Screenshot%2B2020-05-12%2Bat%2B12.06.08.png" width="800" /></a></div>Vodafone reported a 1.6% year-on-year rise in service revenue for the quarter ending March 31 on an organic basis. A 0.4% decline in Europe, was more than offset by a 7.9% rise in the rest of the world. The group-wide performance was a marked improvement on the previous three quarters.<br /><br />The company said: "The economic impact of the COVID-19 pandemic in our markets, whilst uncertain, is likely to be significant. Whilst our business model is more resilient than many others, we are not immune to the challenges. We are experiencing a direct impact on our roaming revenues from lower international travel and we also expect economic pressures to impact our customer revenues over time. However, we are also seeing significant increases in data volumes and further improvements in loyalty, as our customers place greater value on the quality, speed and reliability of our networks." Source:&nbsp;<a href="https://investors.vodafone.com/static-files/4e32c6fe-6335-49e1-904f-6808e7d42bed">V<span style="color: blue;">odafone statement</span></a><br /><br />With the release of Vodafone's annual results, Pringle Media has been able to update the report on the performance of Europe's big five telcos over the past decade. <b>More <a href="http://www.tellingtechtales.com/2016/04/europes-top-telcos-financial-weakness.html">here</a>.</b>David Pringlehttp://www.blogger.com/profile/07657941720832548814noreply@blogger.com0tag:blogger.com,1999:blog-1719847822380898184.post-64476551097450457722020-05-12T02:17:00.000-07:002020-05-12T04:45:00.448-07:00Europe's Top Telcos Stage Recovery<div class="separator" style="clear: both; text-align: center;"></div><div class="separator" style="clear: both; text-align: center;"></div><div class="separator" style="clear: both; text-align: center;"></div><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-l4jOKv9f1aQ/XrqJKt-XuvI/AAAAAAAB4ic/ft7AysC0_u4BaCkm9mPxAiLVD8ysmkScwCPcBGAsYHg/s1600/Screenshot%2B2020-05-12%2Bat%2B12.20.41.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1096" data-original-width="1600" height="570" src="https://1.bp.blogspot.com/-l4jOKv9f1aQ/XrqJKt-XuvI/AAAAAAAB4ic/ft7AysC0_u4BaCkm9mPxAiLVD8ysmkScwCPcBGAsYHg/s1600/Screenshot%2B2020-05-12%2Bat%2B12.20.41.png" width="800" /></a></div><div class="separator" style="clear: both; text-align: center;"></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: left;">Europe's telecoms industry staged something of a recovery in 2019. The collective net cash flow generated by the operating activities of the big five telcos leapt to 69 billion euros up from 59 billion euros in 2018.&nbsp; Deutsche Telekom led the way, while Telefónica, Orange, Vodafone&nbsp; and Telecom Italia also saw an upturn in cash generation.</div><div class="separator" style="clear: both; text-align: center;"><br /></div><div>The aggregate operating income, net profit and return on capital employed of the big five also rose, but the industry is likely to remain under financial pressure in 2020 as the COVID-19 crisis hits enterprise revenues and telcos vie for leadership in 5G.<br /><br /></div><div>Pringle Media has just published a 60 page report tracking and comparing the key financial metrics of these five major telcos over the past decade: Screen shots of eight sample pages below.<br /><br />Note, the Vodafone figures for the fourth quarter of 2019 have now been updated, as the company has now reported on that period.<br /><br />If you would like to purchase a PDF copy of the report, priced at 100 euros for a company-wide license, please send an email to<b>&nbsp;pringled@btinternet.com</b><br /><a name='more'></a><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-p5-ZyG8mO68/XrqJQFkDTFI/AAAAAAAB4ig/ruc67opTFK8RKUB60XdD4OuDJiF_ropxwCPcBGAsYHg/s1600/Screenshot%2B2020-05-12%2Bat%2B12.27.37.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1128" data-original-width="1600" height="600" src="https://1.bp.blogspot.com/-p5-ZyG8mO68/XrqJQFkDTFI/AAAAAAAB4ig/ruc67opTFK8RKUB60XdD4OuDJiF_ropxwCPcBGAsYHg/s1600/Screenshot%2B2020-05-12%2Bat%2B12.27.37.png" width="800" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"></div><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-nfliy3tAP28/XrqKxGNhX9I/AAAAAAAB4iw/15-sBMr98AEXad_w4odT7RgRUM5rTT_MQCPcBGAsYHg/s1600/Screenshot%2B2020-05-12%2Bat%2B12.21.56.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1115" data-original-width="1600" height="598" src="https://1.bp.blogspot.com/-nfliy3tAP28/XrqKxGNhX9I/AAAAAAAB4iw/15-sBMr98AEXad_w4odT7RgRUM5rTT_MQCPcBGAsYHg/s1600/Screenshot%2B2020-05-12%2Bat%2B12.21.56.png" width="800" /></a></div><br /><br /><br /></div><div><br /></div>David Pringlehttp://www.blogger.com/profile/07657941720832548814noreply@blogger.com0tag:blogger.com,1999:blog-1719847822380898184.post-51502197614877152292020-05-01T09:13:00.004-07:002020-05-01T09:13:53.366-07:00Orange Reports Robust Results Despite Crisis<div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-Z-sxxqkvJ64/XqxJH8C34LI/AAAAAAAB4Rc/dbCwC1Z70CAMh3uNR3i2Q7Y9nyaoskWWQCPcBGAsYHg/s1600/Screenshot%2B2020-05-01%2Bat%2B17.05.12.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="876" data-original-width="1600" height="438" src="https://1.bp.blogspot.com/-Z-sxxqkvJ64/XqxJH8C34LI/AAAAAAAB4Rc/dbCwC1Z70CAMh3uNR3i2Q7Y9nyaoskWWQCPcBGAsYHg/s1600/Screenshot%2B2020-05-01%2Bat%2B17.05.12.png" width="800" /></a></div><br />Orange Group reported a 1% year-on-year rise in revenues for the first quarter to 10.4 billion euros on a like-for-like basis. Revenues in Africa and Middle East grew by 6.2%, and in France by 0.5%. Enterprise revenues grew by 0.8% and Europe by 0.3%. Spain revenues declined by 2.4%.<br /><br />The Paris-based group said: "Based on currently available information, Orange does not expect a significant deviation from its financial objectives for the fiscal year 2020, but will closely monitor developments."<br /><br />Stéphane Richard, CEO of the Orange Group, added: “The importance of telecoms in this crisis in ensuring the continued functioning of the economy and of our societies confirms the strategic nature of our activities and provides further confirmation for our strategy in very high-speed networks. Our fibre deployment continues to accelerate with close to 40 million households now connectable to the fibre optic network, underpinning our strong commercial performance. In this quarter the number of fibre customers reached 7.8 million, up 20%."&nbsp; <b>source: <a href="https://www.orange.com/en/Investors/Results-and-presentations/Folder/Latest-consolidated-results"><span style="color: blue;">Orange statements</span></a></b><br /><br /><br />David Pringlehttp://www.blogger.com/profile/07657941720832548814noreply@blogger.com0tag:blogger.com,1999:blog-1719847822380898184.post-11770337101968350372020-04-30T02:56:00.002-07:002020-04-30T02:56:39.639-07:00Alphabet Sees Advertising Fall AwayAlphabet, the owner of Google, reported a 15% year-on-year increase in first quarter revenues at constant currency to 41.2 billion US dollars. The rise was driven by search-related advertising, YouTube and cloud services, but demand began to fall away towards the end of the quarter as the impact of COVID-19 became apparent.<br /><br />Google Search and other advertising revenues amounted to 24.5 billion dollars, up 9% year-over-year, for the quarter. "This reflects strong year-on-year growth for the first two months of the quarter," Alphabet said. "In March, revenues began to decline and ended the month at a mid-teens percentage decline in year-on-year revenues."<br /><br />YouTube advertising revenues were up 33% to 4 billion dollars, while Google Cloud, including GCP and G Suite, reported a 52% rise in revenues to 2.8 billion dollars.&nbsp; "Other Revenues" were 4.4 billion dollars, up 23% year-over-year, primarily driven by growth in YouTube subscriptions and sales through the Google Play app store. Alphabet said there are now more than 2.5 billion monthly active Play devices worldwide.<br /><br />Alphabet also said its video conferencing platform Meet is now adding roughly 3 million new users each day, and has seen a thirty fold increase in usage since January. There are now over 100 million daily Meet meeting participants, it added. <b>Source: <a href="https://abc.xyz/investor/static/pdf/2020_Q1_Earnings_Transcript.pdf?cache=712d537"><span style="color: blue;">Alphabet statements</span></a></b>David Pringlehttp://www.blogger.com/profile/07657941720832548814noreply@blogger.com0tag:blogger.com,1999:blog-1719847822380898184.post-23831479760745574592020-04-27T03:41:00.003-07:002020-05-14T00:55:11.817-07:00Europe's Telcos Grapple with Capex Conundrum<div class="separator" style="clear: both; text-align: center;"></div><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-w9eoDFGLFL8/XrsNN0dMK0I/AAAAAAAB4kw/vfsL-IK8HGwcliRdD-c7P7VAin7Nt7KgwCPcBGAsYHg/s1600/Screenshot%2B2020-05-12%2Bat%2B21.52.24.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1106" data-original-width="1600" height="590" src="https://1.bp.blogspot.com/-w9eoDFGLFL8/XrsNN0dMK0I/AAAAAAAB4kw/vfsL-IK8HGwcliRdD-c7P7VAin7Nt7KgwCPcBGAsYHg/s1600/Screenshot%2B2020-05-12%2Bat%2B21.52.24.png" width="800" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"></div>Although service revenue has been under pressure for most of the past decade, Europe’s big five telcos continue to collectively invest far more in capex (39 billion euros in 2019) than they were in 2010 (34 billion euros). Deutsche Telekom, Telefónica, Vodafone, Orange and Telecom Italia are now spending 17% of their aggregate revenues on capex (excluding spectrum license fees), up from 14% in 2010. Although they are now under pressure to deploy 5G, some of the big five are now taking their foot off the pedal (as the graphic shows).<br /><br />Over the past decade, Deutsche Telekom has been the biggest spender, investing over 100 billion euros in plant, property and equipment. However, Telecom Italia leads in terms of capital intensity: It spent an extraordinary one quarter of its revenues on capex in 2015, 2016 and 2017, before scaling back to 22% in 2018 and 21% in 2019.<br /><br />Pringle Media has just published a 60 page report tracking and comparing the key financial metrics of these five major telcos over the past decade: Screen shots of eight sample pages below.<br /><br />Note, some of the Vodafone figures for the fourth quarter of 2019 are estimates, as the company hasn't reported for that period yet.<br /><br />If you would like to purchase a PDF copy of the report, priced at 100 euros for a company-wide license, <b>please email: pringled@btinternet.com</b>.<br /><a name='more'></a><br /><br /><div class="separator" style="clear: both;"><a href="https://1.bp.blogspot.com/-C1O7xyUN3rc/XqKuIRCNF3I/AAAAAAAB4Io/clnOtCFN3oADd6pA-HNhBVcgu-kZW3eVACNcBGAsYHQ/s1600/Screenshot%2B2020-04-24%2Bat%2B10.11.44.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"></a><a href="https://1.bp.blogspot.com/-1u-uYTqtrNI/XqKuKvPugFI/AAAAAAAB4Is/Njkn0tPSrpIDqaD5P0nKNWhIva3pr6nbACNcBGAsYHQ/s1600/Screenshot%2B2020-04-24%2Bat%2B10.12.11.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="975" data-original-width="1600" height="516" src="https://1.bp.blogspot.com/-1u-uYTqtrNI/XqKuKvPugFI/AAAAAAAB4Is/Njkn0tPSrpIDqaD5P0nKNWhIva3pr6nbACNcBGAsYHQ/s640/Screenshot%2B2020-04-24%2Bat%2B10.12.11.jpg" width="800" /></a><img border="0" data-original-height="979" data-original-width="1600" height="516" src="https://1.bp.blogspot.com/-C1O7xyUN3rc/XqKuIRCNF3I/AAAAAAAB4Io/clnOtCFN3oADd6pA-HNhBVcgu-kZW3eVACNcBGAsYHQ/s1600/Screenshot%2B2020-04-24%2Bat%2B10.11.44.jpg" width="800" /></div><br /><br />David Pringlehttp://www.blogger.com/profile/07657941720832548814noreply@blogger.com0tag:blogger.com,1999:blog-1719847822380898184.post-80498898747723457972020-04-25T07:46:00.000-07:002020-04-29T07:47:31.868-07:00Verizon Reports Lockdown Traffic Surge<div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-HF1F6ghx8ts/XqmQYs5qRzI/AAAAAAAB4OQ/9SWaClEdJOY6lVWuV2cCWWFe2cIEYsJ2ACPcBGAsYHg/s1600/Screenshot%2B2020-04-29%2Bat%2B15.31.20.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="817" data-original-width="1600" height="434" src="https://1.bp.blogspot.com/-HF1F6ghx8ts/XqmQYs5qRzI/AAAAAAAB4OQ/9SWaClEdJOY6lVWuV2cCWWFe2cIEYsJ2ACPcBGAsYHg/s1600/Screenshot%2B2020-04-29%2Bat%2B15.31.20.png" width="800" /></a></div><br />Verizon reported a 1.6% year-on-year decline in revenue for the first quarter to 31.6 billion US dollars, as wireless equipment revenue fell almost 19% amid the Covid-19 lockdown.<br /><br />The US telco reported capital expenditures for the quarter of 5.3 billion dollars "to support the capacity for unprecedented traffic growth across Verizon's networks and the deployment of fiber and additional cell sites to support the company's 5G Ultra Wideband rollout." <b>source: <a href="https://www.verizon.com/about/investors/quarterly-reports/1q-2020-earnings-conference-call-webcast"><span style="color: blue;">Verizon statement</span></a></b><br /><div class="separator" style="clear: both; text-align: center;"><br /></div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-52MlQd7siPA/XqmSama6ydI/AAAAAAAB4Ow/9s9Cg3e72KcGB1dJzCSBhD8P4L1S_6H3ACPcBGAsYHg/s1600/Screenshot%2B2020-04-29%2Bat%2B15.39.42.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="816" data-original-width="1600" height="434" src="https://1.bp.blogspot.com/-52MlQd7siPA/XqmSama6ydI/AAAAAAAB4Ow/9s9Cg3e72KcGB1dJzCSBhD8P4L1S_6H3ACPcBGAsYHg/s1600/Screenshot%2B2020-04-29%2Bat%2B15.39.42.png" width="800" /></a></div><br />David Pringlehttp://www.blogger.com/profile/07657941720832548814noreply@blogger.com0tag:blogger.com,1999:blog-1719847822380898184.post-5951407571898242722020-04-23T01:25:00.002-07:002020-04-23T01:37:34.371-07:00AT&T Takes Big Entertainment Hit<div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-MS7qKmb29Eo/XqFTDAsEdhI/AAAAAAAB4IM/-cf9b-6UVUspStnOIEjguHI27ndpQpwAACNcBGAsYHQ/s1600/Screenshot%2B2020-04-23%2Bat%2B09.30.59.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="605" data-original-width="1600" height="320" src="https://1.bp.blogspot.com/-MS7qKmb29Eo/XqFTDAsEdhI/AAAAAAAB4IM/-cf9b-6UVUspStnOIEjguHI27ndpQpwAACNcBGAsYHQ/s1600/Screenshot%2B2020-04-23%2Bat%2B09.30.59.jpg" width="800" /></a></div>AT&amp;T reported a 4.5% year-on-year fall in revenues to 42.8 billion US dollars for the first quarter of 2020. It said that 600 million of the 2 billion dollars shortfall was due to COVID-19, as sports advertising and wireless equipment sales suffered.<br /><br />In the telco's communications division, revenues fell 2.6% to 34.2 billion dollars due to declines in the&nbsp; entertainment group, wireless equipment and business wireline that were partially offset by gains in wireless service revenues. In the first quarter, premium TV subscribers (which includes DirecTV, U-verse and AT&amp;T TV subscribers) fell by 897,000 "due to competition and customers rolling off promotional discounts as well as lower gross adds from the continued focus on adding higher-value customers." The video-on-demand service AT&amp;T TV NOW saw a net loss of 138,000 subscribers due to higher prices and less promotional activity. AT&amp;T is planning to launch HBO Max at the end of May.<br /><br />In the Warner Media division, revenue was down 12.2% to 7.4 billion dollars, while revenues from Latin America fell 7.5% to 1.6 billion dollars as foreign exchange pressures more than offset growth in Mexico. <b>Source:&nbsp;<a href="https://investors.att.com/~/media/Files/A/ATT-IR/financial-reports/quarterly-earnings/2020/Q1_2020_INVESTOR_BRIEFING_Final.pdf">AT&amp;T statement</a></b>David Pringlehttp://www.blogger.com/profile/07657941720832548814noreply@blogger.com0tag:blogger.com,1999:blog-1719847822380898184.post-85076060012055178452020-04-22T13:31:00.000-07:002020-05-04T13:34:59.532-07:00Netflix Pauses Most of its ProductionsNetflix reported a 28% year-on-year rise in revenues for the first quarter to 5.77 billion U.S. dollars, as the number of paying subscribers rose 23% to almost 183 million. It forecast that revenue will grow 23% in the current quarter.<br /><br />"Like other home entertainment services, we’re seeing temporarily higher viewing and increased membership growth," Netflix said. "In our case, this is offset by a sharply stronger US dollar, depressing our international revenue, resulting in revenue-as-forecast. We expect viewing to decline and membership growth to decelerate as home confinement ends, which we hope is soon."<br /><br />Netflix said it has paused most of its productions across the world in response to government lockdowns and guidance from local public health officials. "No one knows how long it will be until we can safely restart physical production in various countries, and, once we can, what international travel will be possible, and how negotiations for various resources (e.g., talent, stages, and post-production) will play out," it added.&nbsp; <b>Source: <a href="https://s22.q4cdn.com/959853165/files/doc_financials/2020/q1/updated/FINAL-Q1-20-Shareholder-Letter.pdf"><span style="color: blue;">Netflix statement</span></a></b><br /><br /><br />David Pringlehttp://www.blogger.com/profile/07657941720832548814noreply@blogger.com0tag:blogger.com,1999:blog-1719847822380898184.post-48466863248214522672020-04-22T01:24:00.002-07:002020-04-22T01:26:07.181-07:00North America Bolsters Ericsson<div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-ej_jqtYpXrw/Xp_-727QkYI/AAAAAAAB4Hs/gtaFBNLJKRYteXLfb_Oxdl5LLAAmS5RcACNcBGAsYHQ/s1600/Screenshot%2B2020-04-22%2Bat%2B09.21.34.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="760" data-original-width="1600" height="401" src="https://1.bp.blogspot.com/-ej_jqtYpXrw/Xp_-727QkYI/AAAAAAAB4Hs/gtaFBNLJKRYteXLfb_Oxdl5LLAAmS5RcACNcBGAsYHQ/s1600/Screenshot%2B2020-04-22%2Bat%2B09.21.34.jpg" width="800" /></a></div>Ericsson reported a 2% year-on-year decline in sales on a comparable basis for the first quarter to 49.8 billion Swedish krona (4.94 billion US dollars).<br /><br />"Underlying business fundamentals remain strong," said Börje Ekholm, Ericsson CEO.&nbsp;"With growth in data in general and with working from home as the new normal in many countries, good connectivity is more important than ever. For 2020, we estimate the RAN (radio access network) market to grow by 4%, however, for Q2 we expect somewhat lower than normal sequential sales growth, as there are uncertainties impacting short-term growth negatively. ...while we have seen no material effects so far on our demand situation, it is prudent to believe that the slowdown in the general economy may lead some operators to delay investment programmes." <b>Source: <span style="color: blue;"><a href="https://www.ericsson.com/assets/local/investors/documents/financial-reports-and-filings/interim-reports-archive/2020/3month20-en.pdf">Ericsson statement</a>.</span></b>David Pringlehttp://www.blogger.com/profile/07657941720832548814noreply@blogger.com0tag:blogger.com,1999:blog-1719847822380898184.post-84532863879751206032020-04-21T02:19:00.000-07:002020-04-21T02:20:01.374-07:00China Mobile Claims 32 Million 5G Customers<div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-cUcNNXqAai8/Xp654q3DZyI/AAAAAAAB4HQ/qSqi5S3Ut5sGERWd5UJDJkNGSSGcmMS8gCNcBGAsYHQ/s1600/Screenshot%2B2020-04-21%2Bat%2B10.13.15.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="661" data-original-width="1600" height="259" src="https://1.bp.blogspot.com/-cUcNNXqAai8/Xp654q3DZyI/AAAAAAAB4HQ/qSqi5S3Ut5sGERWd5UJDJkNGSSGcmMS8gCNcBGAsYHQ/s1600/Screenshot%2B2020-04-21%2Bat%2B10.13.15.jpg" width="800" /></a></div><br />China Mobile reported its 5G customer base doubled in March. <b>Source: <a href="https://www.chinamobileltd.com/en/ir/operation_m.php">China Mobile stats</a></b>David Pringlehttp://www.blogger.com/profile/07657941720832548814noreply@blogger.com0tag:blogger.com,1999:blog-1719847822380898184.post-40395927370509133122020-04-20T11:55:00.000-07:002020-05-12T11:56:31.890-07:00The Broadband Decade: Who Won?Pringle Media has just published a 60 page report tracking and comparing the key financial metrics of Deutsche Telekom, Orange, Telefónica, Telecom Italia and Vodafone over the past decade: Screen shots of eight sample pages below.<br /><br />If you would like to purchase a PDF copy of the report, priced at 100 euros for a company-wide license, please send an email to<b>&nbsp;pringled@btinternet.com</b><br /><b><br /></b><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-p2oapb_c2Jg/Xrrw8PvPYII/AAAAAAAB4j0/hrdcdKPP7QcCNZ20sePBp-BJ1hYjg6q1QCPcBGAsYHg/s1600/Screenshot%2B2020-05-12%2Bat%2B12.27.37.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1128" data-original-width="1600" height="600" src="https://1.bp.blogspot.com/-p2oapb_c2Jg/Xrrw8PvPYII/AAAAAAAB4j0/hrdcdKPP7QcCNZ20sePBp-BJ1hYjg6q1QCPcBGAsYHg/s1600/Screenshot%2B2020-05-12%2Bat%2B12.27.37.png" width="800" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-njLT-m0QhPI/Xrrw8AdiBbI/AAAAAAAB4j0/PhdUAnIg0fQqQD31c7-20KwdPc6lAB9SwCPcBGAsYHg/s1600/Screenshot%2B2020-05-12%2Bat%2B12.21.34.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1134" data-original-width="1600" height="600" src="https://1.bp.blogspot.com/-njLT-m0QhPI/Xrrw8AdiBbI/AAAAAAAB4j0/PhdUAnIg0fQqQD31c7-20KwdPc6lAB9SwCPcBGAsYHg/s1600/Screenshot%2B2020-05-12%2Bat%2B12.21.34.png" width="800" /></a></div><b><br /></b>David Pringlehttp://www.blogger.com/profile/07657941720832548814noreply@blogger.com0tag:blogger.com,1999:blog-1719847822380898184.post-28398723633429406172020-04-20T07:57:00.002-07:002020-04-20T09:54:11.305-07:00IDC: Telecoms Spending to be Flat in 2020Spending on telecommunication services (including pay TV) will reach 1.6 trillion U.S. dollars in 2020, similar to the level in 2019, according to IDC.&nbsp; That represents a slight downgrade on its November 2019 forecast. At that time, the research firm anticipated that spending on telecom and pay TV services would reach 1.65 trillion dollars in 2020, up from 1.63 trillion in 2019.<br /><br />Although the Covid-19 pandemic has increased home usage of telecom services, IDC warned this doesn't directly translate into a surge in telecom spending as many households have unlimited voice calls and unlimited Internet services. "COVID-19 is leading to a lot of uncertainty around the spending impact on various technology markets. We expect the telecom services market to weather the current conditions better than other elements of the ICT market," said Carrie MacGillivray of IDC. <b>Source: <a href="https://www.idc.com/getdoc.jsp?containerId=prUS46222120">IDC statement</a></b><br /><br /><br /><br />David Pringlehttp://www.blogger.com/profile/07657941720832548814noreply@blogger.com0tag:blogger.com,1999:blog-1719847822380898184.post-2355216397856113822020-04-07T07:45:00.003-07:002020-04-07T07:45:57.024-07:00Samsung Sees Sales Rising Samsung Electronics expects to report sales of about 55 trillion Korean won (45.4 billion US dollars) for the first quarter of 2020. That would represent a year-on-year rise of 5%. It also expects to report a 3% rise in operating profit to 6.4 trillion won. <b>source: <a href="https://news.samsung.com/global/samsung-electronics-announces-earnings-guidance-for-1q-2020"><span style="color: blue;">Samsung statement</span></a></b>David Pringlehttp://www.blogger.com/profile/07657941720832548814noreply@blogger.com0tag:blogger.com,1999:blog-1719847822380898184.post-72443264460371792832020-03-25T08:35:00.003-07:002020-03-25T08:35:35.101-07:00Messaging and Calls Soar For Facebook Facebook reported that total messaging on its services has increased more than 50% over the past month in Italy and other countries hit hardest by Covid-19. Moreover, in some places, voice and video calling have more than doubled on Messenger and WhatsApp, Facebook said. "The usage growth from Covid-19 is unprecedented across the industry, and we are experiencing new records in usage almost every day."<br /><br />However, the company added:&nbsp; "We don’t monetise many of the services where we’re seeing increased engagement, and we’ve seen a weakening in our ads business in countries taking aggressive actions to reduce the spread of Covid-19." <b>Source: <a href="https://about.fb.com/news/2020/03/keeping-our-apps-stable-during-covid-19/"><span style="color: blue;">Facebook statement</span></a></b>David Pringlehttp://www.blogger.com/profile/07657941720832548814noreply@blogger.com0tag:blogger.com,1999:blog-1719847822380898184.post-7471646538132618042020-02-19T09:47:00.002-08:002020-02-19T09:48:52.447-08:00Deutsche Telekom Forecasts Growth Ahead<div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-vUuqN2l3J_s/Xk1zlQ8bsoI/AAAAAAAB3Ms/H1Bllgn4Qn0BvV1n8fnbLnoi7N4EzqmiACKgBGAsYHg/s1600/Screenshot%2B2020-02-19%2Bat%2B17.27.13.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="657" data-original-width="1600" height="349" src="https://1.bp.blogspot.com/-vUuqN2l3J_s/Xk1zlQ8bsoI/AAAAAAAB3Ms/H1Bllgn4Qn0BvV1n8fnbLnoi7N4EzqmiACKgBGAsYHg/s1600/Screenshot%2B2020-02-19%2Bat%2B17.27.13.png" width="800" /></a></div>Deutsche Telekom reported a 2.8% increase in revenues in 2019 on a like-for-like basis to 80.5 billion euros.&nbsp; T-Mobile USA lifted revenues 5% in dollar terms. Anticipating further growth in the U.S., the group forecast an increase in revenues in 2020, followed by a "slight increase in 2021". <b>source: <a href="https://www.telekom.com/en/investor-relations/publications/financial-results#592846"><span style="color: blue;">Deutsche Telekom statement</span></a></b><br /><br /><br />David Pringlehttp://www.blogger.com/profile/07657941720832548814noreply@blogger.com0tag:blogger.com,1999:blog-1719847822380898184.post-31495690843852864582020-02-17T07:11:00.003-08:002020-02-17T07:11:59.367-08:00Postpaid Mobile Lifts América Móvil<div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-FhhoV-N38As/Xkqsl33E52I/AAAAAAAB3LA/h9_ZYHmc-UwSLqJQrwWFq-neuNngmZnlQCKgBGAsYHg/s1600/Screenshot%2B2020-02-17%2Bat%2B15.06.54.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="681" data-original-width="1600" height="360" src="https://1.bp.blogspot.com/-FhhoV-N38As/Xkqsl33E52I/AAAAAAAB3LA/h9_ZYHmc-UwSLqJQrwWFq-neuNngmZnlQCKgBGAsYHg/s1600/Screenshot%2B2020-02-17%2Bat%2B15.06.54.png" width="800" /></a></div>América Móvil reported a 3.2% year-on-year increase in service revenues, at constant exchange rates, for the fourth quarter of 2019 to&nbsp;209 billion Mexican pesos (11.25 billion U.S. dollars). The growth figure excludes Argentina, which is subject to inflation-adjusted accounting. The operator said its mobile revenues rose 5.7%, lifted by a 15.6% increase in Brazil where it is gaining market share. <b>Source: <a href="https://s22.q4cdn.com/604986553/files/doc_financials/2019/q4/4Q19.pdf"><span style="color: blue;">América Móvil statement</span></a></b>David Pringlehttp://www.blogger.com/profile/07657941720832548814noreply@blogger.com0tag:blogger.com,1999:blog-1719847822380898184.post-83925724017349382572020-02-13T05:47:00.001-08:002020-02-13T05:49:26.686-08:00Orange Buoyed By Cloud and Security <div class="separator" style="clear: both; text-align: center;"></div><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-ZzYdAAtCV_g/XkVTQt5kFqI/AAAAAAAB2pk/o1zHiDWI91gRRgWxaM99kh8zCzMrCmcOQCKgBGAsYHg/s1600/Screenshot%2B2020-02-13%2Bat%2B13.22.47.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1238" data-original-width="1600" height="655" src="https://1.bp.blogspot.com/-ZzYdAAtCV_g/XkVTQt5kFqI/AAAAAAAB2pk/o1zHiDWI91gRRgWxaM99kh8zCzMrCmcOQCKgBGAsYHg/s1600/Screenshot%2B2020-02-13%2Bat%2B13.22.47.png" width="800" /></a></div><br />Orange reported a 1.1% year-on-year rise in revenues for the fourth quarter of 2019 on a comparable basis to 11.1 billion euros. Across 2019, revenue rose 0.6% boosted by "very strong momentum in Africa and the Middle East", a "solid performance in Europe and the return of growth in enterprise."&nbsp; Orange said these factors "more than compensated for a very slight decline in France of 0.3% and a decline in Spain of 1.5% in 2019 due to that market's shift towards low cost."<br /><br />Orange also reported that IT and systems integration activities' share of enterprise revenues climbed two percentage points to reach 37.2% in 2019.&nbsp; "This increase reflects the performance of cloud and cybersecurity services, where Orange has become a European leader thanks to the acquisitions of SecureData and SecureLink," the operator said.<br /><br />At the end of 2019, Orange Bank had over 500,000 customers, including 390,000 account holders in France. It has also been launched in Spain. Meanwhile, the video-on-demand service OCS Go now has 3.1 million customers. <b>source: <a href="https://www.orange.com/en/Investors/Results-and-presentations/Folder/Latest-consolidated-results"><span style="color: blue;">Orange collateral</span></a></b>David Pringlehttp://www.blogger.com/profile/07657941720832548814noreply@blogger.com0tag:blogger.com,1999:blog-1719847822380898184.post-90522141690292408372020-02-07T08:57:00.000-08:002020-02-07T08:58:34.140-08:00Vodafone Meets Demand for Unlimited Data<div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-nLzbbcDvf8Y/Xj2Wsi659MI/AAAAAAAB2YU/WRm26-zYnqkWL6szcMsQRTaqJLPrY7wCQCKgBGAsYHg/s1600/Screenshot%2B2020-02-07%2Bat%2B16.39.54.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="866" data-original-width="1600" height="461" src="https://1.bp.blogspot.com/-nLzbbcDvf8Y/Xj2Wsi659MI/AAAAAAAB2YU/WRm26-zYnqkWL6szcMsQRTaqJLPrY7wCQCKgBGAsYHg/s1600/Screenshot%2B2020-02-07%2Bat%2B16.39.54.png" width="800" /></a></div>Vodafone reported a 6.8% year-on-year rise in group revenue for the quarter ending December 31 to 11.75 billion euros. However, on an organic basis, service revenue rose just 0.8%, as growth in Africa was offset by declines in Europe.<br /><br />Vodafone said it is now offering "new speed-tiered unlimited mobile data plans"&nbsp; in the seven markets where it has launched 5G. "We reached an unlimited consumer customer base of 3 million SIMs" at the end of the quarter, Vodafone reported, adding: "Reflecting the success of our unlimited plans, data volumes on our mobile networks continued to grow strongly in Europe in [the quarter], rising by 45%. Average smartphone usage for our overall customer base increased to 4.5 GB/month (+1.2 GB year-on-year)."<br /><br />Vodafone also said its new agreement with Amazon Web Services (AWS) to deploy AWS Wavelength solutions at the edge of Vodafone's 5G networks, will deliver a 5-10 times reduction in latency. "The new services will help support artificial intelligence, augmented and virtual reality, video analytics, autonomous vehicles, robotics and drone control, and will generate incremental revenues for the Group," it added. <b>source: <a href="https://investors.vodafone.com/static-files/587a2c77-3e6b-4a41-8f2d-c824b01e7b86"><span style="color: blue;">Vodafone statement</span></a></b>David Pringlehttp://www.blogger.com/profile/07657941720832548814noreply@blogger.com0tag:blogger.com,1999:blog-1719847822380898184.post-40874193737720678012020-02-04T05:43:00.002-08:002020-02-04T06:49:12.145-08:00Alphabet Talks Up YouTube and Cloud<div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-Ruwxo8bojUo/XjlwUgrdLAI/AAAAAAAB2Oc/Yz_XH8AuPocrcw3lfowlvIpjWkGAhMLdgCKgBGAsYHg/s1600/Screenshot%2B2020-02-04%2Bat%2B13.20.57.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="641" data-original-width="1600" height="334" src="https://1.bp.blogspot.com/-Ruwxo8bojUo/XjlwUgrdLAI/AAAAAAAB2Oc/Yz_XH8AuPocrcw3lfowlvIpjWkGAhMLdgCKgBGAsYHg/s1600/Screenshot%2B2020-02-04%2Bat%2B13.20.57.png" width="800" /></a></div><br />Alphabet, the owner of Google, reported a 19% year-on-year increase in revenues to 46.1 billion U.S. dollars for the fourth quarter on a constant currency basis. "At our scale, we are pleased with our rate of growth for 2019 and see ample opportunity going forward,' said Ruth Porat, CFO. "With respect to YouTube advertising, at a year-on-year growth rate of more than 30% in the fourth quarter, we're pleased with the ongoing strength and opportunity at YouTube. We see substantial continuing opportunity in direct response as well as with brand advertisers... the non-advertising services at YouTube, mainly from subscriptions, reached a 3 billion dollars revenue run rate in the fourth quarter."<br /><br />Alphabet said that Waymo's (self-driving) cars have driven 20 million miles across more than 25 U.S. cities. "Waymo is now serving over 1,500 monthly active riders in Metro Phoenix and continues scaling fully driverless by matching early riders with driverless vehicles and charging for these rides. As Waymo looks to its evolution as a business, it's focusing on strategic partnerships. For example, it's working closely with OEMs and other businesses to build out ride hailing and delivery business lines."<br /><br />Alphabet also reported that it added as many buildings to Google Maps using machine learning in 2019 as it had using all other techniques in the previous decade. "The Google Assistant now helps more than 500 million monthly users across 90 countries get things done across smart speakers and smart displays, phones, TVs, cars and more," Porat added. "I'm proud to announce that over 80 billion dollars has been earned by developers around the world from Google Play showing the popularity of our platform. There are now over 2 billion active monthly users of Google Play." <b>Source: <a href="https://abc.xyz/investor/"><span style="color: blue;">Alphabet investor documentation</span></a></b><br /><br /><br />David Pringlehttp://www.blogger.com/profile/07657941720832548814noreply@blogger.com1tag:blogger.com,1999:blog-1719847822380898184.post-77166293290550828182020-01-31T09:46:00.000-08:002020-02-07T00:49:17.576-08:00Amazon Saw Slight Slowdown in Fourth QuarterAmazon reported a 21% year-on-year increase in sales for the fourth quarter of 2019 to 87.4 billion U.S. dollars. For the full year, net sales increased 22% on a constant currency basis to 280.5 billion dollars. Growth at its cloud arm, AWS, slowed to 34% in the fourth quarter, compared with 37% for the whole of 2019.<br /><br />“More people joined Prime this quarter than ever before, and we now have over 150 million paid Prime members around the world,” said Jeff Bezos, Amazon CEO. "The number of items delivered to U.S. customers with Prime’s free one-day and same-day delivery more than quadrupled this quarter compared to last year... Prime members watched double the hours of original movies and TV shows on Prime Video this quarter compared to last year.” <b>source: <a href="https://ir.aboutamazon.com/news-releases/news-release-details/amazoncom-announces-fourth-quarter-sales-21-874-billion"><span style="color: blue;">Amazon statement</span></a></b>David Pringlehttp://www.blogger.com/profile/07657941720832548814noreply@blogger.com0tag:blogger.com,1999:blog-1719847822380898184.post-45490891344911992882020-01-31T01:14:00.000-08:002020-02-06T02:02:13.474-08:00Tesla Says Revenue Growth Will AccelerateTesla reported a 2% year-on-year rise in revenues for the fourth quarter to 7.38 US dollars,&nbsp; as deliveries of its Model 3 car leapt 46% to&nbsp;92,620. Tesla said: "Revenue growth was offset by higher lease mix, Model 3 becoming a larger part of our mix, introduction of the Standard Range trims of Model 3, and adjustments to vehicle pricing. These changes have resulted in a reduction to the average selling price (ASP) relative to 2018. We do not expect ASP to change significantly in the near term, which means volume growth and revenue growth should correlate more closely this year."<br /><br />"We are positioned to accelerate our revenue growth further through increasing build rates in Gigafactory Shanghai and our Model Y production line in Fremont. These production increases will allow for higher total vehicle deliveries and associated revenue."<br /><br />Tesla said its customers vehicles have now driven over three billion miles in "Autopilot mode", adding more data to the neural net it is using to develop self-driving capabilities. "All Tesla vehicles with our FSD computer have been updated with new software that can better detect new details in their environments, allowing us to show various lane markings, traffic lights, stop signs, cones as well as other vehicles and road users. Understanding the environment around a Tesla is key to enabling our cars to react to traffic lights and stop signs and take intersections through city streets. We are currently validating this functionality before releasing to customers, and we look forward to its gradual deployment."<br /><br />In the fourth quarter, Tesla launched premium vehicle connectivity in the US for 10 dollars (plus tax) per month, which customers can use to stream music or videos, browse the Internet or see live traffic through an embedded connection. <b>Source: <a href="https://ir.tesla.com/static-files/b3cf7f5e-546a-4a65-9888-c928b914b529"><span style="color: blue;">Tesla statement</span></a></b>David Pringlehttp://www.blogger.com/profile/07657941720832548814noreply@blogger.com0